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Predetermined Overhead Rate, Applied Overhead, Unit Cost Gomez, Inc, costs products using a normal costing system. The following data are avaliable for tast year: Budgeted:

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Predetermined Overhead Rate, Applied Overhead, Unit Cost Gomez, Inc, costs products using a normal costing system. The following data are avaliable for tast year: Budgeted: Overhead is applied on the basls of direct labor hours Gomez, Inc, costs products using a normal costing system. The following data are.avallable for last year: Eudgeted: Overhead Overhead is applied on the basis of direct labor hours. Required: 1. What was the predetermined overhead rate? per direct tabor hour 2. What was the applied overhead for last year? 3. Was overhead over or underapplied, and by how much? is 4. What was the total cost per unit produced? (Carry your answer to four significant digits.) 5 per unit

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